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M'sia's Sime Darby Q3 profit rises on plantation, car sales gains
Published Wed, May 31, 2017 · 09:50 PM
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Kuala Lumpur
MALAYSIAN conglomerate Sime Darby Bhd, the world's largest palm oil planter by land size, said on Wednesday that its third-quarter net profit rose 5.4 per cent on a year earlier boosted by plantation and earnings from car operations.
The company with businesses ranging from plantations to properties and motors recorded a net profit of 699 million ringgit (S$226 million) for the quarter ended March 31, up from 663 m…
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